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MS HB370
Bill
Status
1/30/2018
Primary Sponsor
Greg Snowden
Click for details
AI Summary
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Creates uniform procedures for community college districts to sell or dispose of surplus real and personal property (equipment, vehicles, fixtures, furniture, firearms, and commodities).
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Requires public sale with at least 10 days' notice posted at three public places in the district, with bids received by sealed envelope, electronic submission, or other competitive methods.
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Allows private sales for personal property valued under $1,000 with unanimous approval of trustees, or public auction through State Department of Audit-approved auctioneers.
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Permits disposal of property with zero fair market value (documented in minutes) without competitive bidding, provided no official or employee derives personal economic benefit.
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Applies the same uniform procedures to all community college districts by amending existing sections 37-29-75 and 37-29-419, effective July 1, 2018.
Legislative Description
Community colleges; enact uniform rules for the sale or disposal of surplus property owned by a community college district.
Last Action
Died In Committee
1/30/2018